Category: Top National News

National Mortgage News, December 11, 2023–Bonnie SinnockDepositories are reviewing one set of proposed capital regulations and there are separate rules in development that will pertain to nonbanks. Should both sets …

Home Equity Lending News, December 8, 2023Origination of home-secured credit lines has been subdued because interest rates on the open-end product have risen so much more than on first mortgages. …

Weekly Real Estate News, Dec. 10, 2023, Phil HallAmericans spent an average of $13,667 on home improvement, home maintenance and emergency repairs this year, a 6% increase compared to 2022 …

Banker & Tradesman, Dec. 10, 2023–Lew SichelmanFlorida recently enacted a bill that limits some foreigners from owning property in the state – a move that shocked some, likely because the …

Orange County Register, Dec. 8, 03–Jeff LazersonOn Friday Dec. 8, Federal Home Loan Mortgage Corp. rolled out a tool called Project Assessment Requests, which will quickly and for free indicate …

Newsweek, Dec. 7, 2023-Omar MohammedThe Biden administration said on Thursday that it was looking to help hundreds of thousands of households to realize their dream of homeownership, part of an …

National Mortgage News, Dec. 8, 2023-Bonnie SinnockCommercial mortgage delinquencies are increasing regardless of investor type, according to the Mortgage Bankers Association’s most recent quarterly report.Click here for more (subscription)

National Mortgage News, Dec. 8, 2023-Bonnie SinnockA Department of Housing and Urban Affairs agency that serves as a mortgage-backed securities guarantor is adding a new reporting requirement that nonbank MBS …

CNN, Dec. 7, 2023-Anna BahneyMortgage rates continued to fall this week, averaging just over 7%. It is the sixth straight week rates have dropped, undoing seven previous consecutive weeks of …